The Philippines' #1 e-commerce enabler Great Deals e-commerce Corporation raised $30 million, approximately P1.4 billion, capital in its Series B funding round. The new capital infusion was led by Fast Group, a leading logistics firm in the Philippines with the support from CVC Capital Partners,...
The Department of Health (DOH) said it is closely monitoring the coronavirus disease (COVID-19) cases in Visayas and Mindanao as they observe a rise in infections. (DOH / MANILA BULLETIN) "Ang Luzon, though nag-plateau...may bahagyang pagbaba na tayo ng dami ng kaso na nakikita. Ngayon, itong...
GT Capital Holdings, Inc., the investment arm of the Ty family, reported a 60 percent jump in consolidated net income to P4.1 billion in the first quarter of 2021 from the P2.5 billion it earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
The average number of coronavirus disease (COVID-19) cases in Metro Manila is projected to decrease between 1,700 and 1,800 cases per day by the end of the week, a member of the OCTA Research Team said on Monday, May 10. (MANILA BULLETIN / FILE PHOTO) But the expert warned that while there has been...
The National Capital Region (NCR) Plus may shift to the more relaxed general community quarantine (GCQ) by May 15 given the improving coronavirus situation and health care capacity, a Palace official said Monday, May 10. Senior citizens get food items at a community pantry organized by a labor...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The local stock market lost a little more ground as investors continue to wait for more market moving news. The PSEi shed 10.13 points or 0.16 percent to close at 6,359.15 with only the Financials counter managing to close in the green. Volume remained anemic at 3.19 billion shares worth P4.63...
The local stock market ended flat after investors immediately pocketed early gains. The main index was 1.59 percent or 0.03 percent lower at 6,369.28 with sectoral indices evenly mixed. Volume was low at 3.03 billion shares worth P4.39 billion as losers beat gainers 111 to 83 with 56...
Philippine stocks fell as investors pocketed recent gains ahead of the weekend. The main index lost 116.64 points or 1.8 percent to close at 6,379.87 with only the Mining and Oil counter advancing. Volume rose to 6.77 billion shares worth P8.62 billion as losers outpaced gainers 110 to 92...
The local stock market managed to post some gains despite the extension of quarantine measures in the capital region. PSE file photo The main index inched up by 18.37 points or 0.28 percent to close at 6,487.51 with only the Holding Firms counter giving way to profit-taking. However,...